Pennymac Loan Services in Montana vs the state
11.8%Denial rate-2.98 pts vs state
17.4%Decision denial rate-1.30 pts vs state
54.6%Origination rate-7.41 pts vs state
6.62%Median rate0.00 pts vs state
0.40Rate spread (pts)+0.16 pts vs state
$114kMedian applicant income
364Loans originated
79Denied
Trend in Montana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 347 | 156 | 13.8% | 6.88% | #17 |
| 2024 | 511 | 252 | 12.7% | 6.50% | #15 |
| 2025 | 667 | 364 | 11.8% | 6.62% | #14 |
What Pennymac Loan Services lends in Montana
By loan purpose
By loan type
Why it denied Montana applicants
Where in Montana
Counties with the most Pennymac Loan Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Flathead County | 99 | 57 | 13 | 13.1% |
| Yellowstone County | 96 | 51 | 11 | 11.5% |
| Gallatin County | 86 | 50 | 8 | 9.3% |
| Lewis and Clark County | 59 | 37 | 6 | 10.2% |
| Cascade County | 50 | 22 | 10 | 20.0% |
| Missoula County | 42 | 25 | 3 | 7.1% |
| Lake County | 32 | 14 | 4 | 12.5% |
| Ravalli County | 29 | 19 | 1 | 3.4% |
| Silver Bow County | 18 | 8 | 4 | 22.2% |
| Lincoln County | 18 | 12 | 2 | 11.1% |
Other large lenders in Montana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Glacier Bank | D | 3,018 | 16.2% | 7.25% |
| Stockman Bank of Montana | B | 2,911 | 6.3% | 6.88% |
| Rocket Mortgage | C | 1,999 | 17.5% | 6.75% |
| United Shore Financial Services | B | 1,857 | 9.2% | 6.25% |
| Opportunity Bank of Montana | B | 1,608 | 9.8% | 6.88% |
| Evergreen Moneysource Mortgage | B | 1,158 | 1.1% | 6.25% |
| U.S. Bank | D | 1,024 | 27.1% | 7.13% |
| First Interstate Bank | D | 987 | 22.9% | 8.25% |
| Mortgage Research Center | C | 940 | 16.7% | 6.13% |
| Crosscountry Mortgage | B | 920 | 5.1% | 6.63% |
Frequently asked questions
Montana: 667 applications in 2025, of which 364 were originated and 79 denied.
11.8% of all applications, or 17.4% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.
The median rate on loans Pennymac Loan Services originated in Montana in 2025 was 6.62%, against a statewide median of 6.63%.
About this data. Figures are Pennymac Loan Services's own HMDA filing for properties located in Montana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology